Standard Life (LON:SDLF – Get Free Report) hit a new 52-week high on Thursday after Berenberg Bank raised their price target on the stock from GBX 918 to GBX 975. Berenberg Bank currently has a buy rating on the stock. Standard Life traded as high as GBX 807.50 and last traded at GBX 803.50, with a volume of 2468631 shares traded. The stock had previously closed at GBX 795.47.
Other analysts have also issued research reports about the company. JPMorgan Chase & Co. increased their price target on Standard Life from GBX 620 to GBX 950 and gave the company an “overweight” rating in a report on Friday, May 15th. Citigroup boosted their price objective on shares of Standard Life from GBX 769 to GBX 840 and gave the company a “buy” rating in a research report on Friday, April 17th. Finally, Royal Bank Of Canada reissued an “outperform” rating and issued a GBX 870 target price on shares of Standard Life in a research note on Monday, May 18th. Four equities research analysts have rated the stock with a Buy rating, Based on data from MarketBeat, the company currently has an average rating of “Buy” and an average target price of GBX 908.75.
Get Our Latest Stock Analysis on SDLF
Standard Life Stock Performance
Standard Life (LON:SDLF – Get Free Report) last released its earnings results on Monday, March 16th. The company reported GBX 54.30 earnings per share for the quarter.
Standard Life Company Profile
Standard Life is a long-established provider of retirement, savings and investment products, historically known for life assurance, pensions and asset management. Its offerings have included workplace and personal pension plans, individual savings accounts (ISAs), annuities and a range of investment funds and wealth-management services aimed at both individual and institutional clients. The firm has traditionally distributed products through financial advisers, workplace channels and direct platforms.
Founded in 1825 and historically headquartered in Edinburgh, Standard Life built a strong presence in the U.K.
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